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I didn't mean to bad mouth unions, merely state the reality. If electric vehicles are much less sophisticated than ICE cars, and the cost of the battery never
by fullshark 2y ago
I didn't mean to bad mouth unions, merely state the reality. If electric vehicles are much less sophisticated than ICE cars, and the cost of the battery never goes down significantly due to the cost of rare earth materials (especially if you want to sell at the volume environmentalists aspire to sell at) then the way they get cheaper is through labor arbitrage and there's no real alternative.
- rootusrootus 2y agoIIRC we’re seeing LFP at $50 or less per kWH now. A typical 75 kWh battery could soon be cheaper than an ICE drivetrain. I think we’re not far from ICE being the expensive choice. It’s already the expensive choice for long term use, pretty soon the capital cost will be higher too.